Treating a patient with lung cancer with modern drugs increases average life expectancy by 0.25 years. The
Question:
Treating a patient with lung cancer with modern drugs increases average life expectancy by 0.25 years. The added cost of therapy is $24,000. What is the cost per life year? Should modern drugs be used?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
To determine the cost per life year gained and whether modern drugs should be used you can use a costeffectiveness analysis In this analysis you calcu...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Treating a patient with congestive heart failure with tPlex rather than Isother increase saverage life expectancy to 12.3 years rom 11.5 years. The added cost of therapy is $14,000. What is the cost...
-
Desteur Plastics Limited (DPL) manufactures a wide range of household plastic products for kitchens and bathrooms. The companys products are sold primarily to large retailers, including department...
-
Lauren Smith was relaxing after work with a colleague at a local bar. After a few drinks, she began expressing her feelings about her company's new control initiatives. It seems that as a result of...
-
Why should the growth and variability of earnings affect the value of a companys common stock? Explain.
-
Suppose the light striking the reflective diffraction grating in Figure 34.13 is white light-that is, light consisting of all the colors of the rainbow. Red light has the longest wavelength of the...
-
What devices do you have that take advantage of the IoT? Describe how they impact the way that you live and work.
-
Columbia Products Inc. has two divisions, Salem and Seaside. For the month ended March 31, Salem had sales and variable costs of $500,000 and $225,000, respectively, and Seaside had sales and...
-
Juan, priest of the San Juan Bautista Church in Culebra, is interested in purchasing a bus with a capacity of 12 passengers or more. When visiting your office, Juan has the idea of using the vehicle...
-
A test for bladder cancer costs $100. If given to 1,000 individuals, it will reduce medical costs by $80,000 and increase average life expectancy from 15.0 to 15.1. What is the cost per life year?...
-
A clinic finds that it can reduce costs by eliminating appointments. The clinic is able to eliminate some telephone staff, and physicians become more productive. Patients wait until the physician is...
-
What types of problems evolve when low cost leadership becomes the sole focus of organizations?
-
Why do entrepreneurs need a business plan?
-
What are the main challenges for investors when performing due diligence?
-
You want to see how your new belt buckle matches your new hat. Your eyes are \(110 \mathrm{~mm}\) below the top of the hat and \(800 \mathrm{~mm}\) above the buckle. You walk up to your mirror and...
-
Why is the Venture Evaluation Matrix on its own not enough to make final investment decisions?
-
What is the difference between financial statements and financial projections? What are they needed for?
-
If a corporation earns $270,000 and the payout ratio (proportion distributed) is 30 percent, what is the change in retained earnings?
-
Air pollution generated by a steel mill is an example of a) a positive production externality. b) a negative production externality. c) a public good. d) the free-rider problem. State and local taxes...
-
What is the present worth of cash flows that begin at $30,000 and decrease at 15%per year for 6 years? The interest rate is 10%.
-
Calculate and print out the balance due, principal payment, and interest payment for each period of a used-car loan. The nominal interest is 12% per year compounded monthly. Payments are made monthly...
-
Calculate and print out the balance due, principal payment, and interest payment for each period of a new car loan. The nominal interest is 9% per year, compounded monthly. Payments are made monthly...
-
1) In 2009, a disgruntled customer of a South African broadband service provider set up a race that pitted a carrier pigeon against the company's DSL service (this is a true story). The carrier...
-
You have to assign IPv4 addresses to 180 workstations automatically in a Windows Server 2016 environment. Several conditions, as outlines below, need to be considered. State with as much clarity as...
-
Choose the 3 vulnerabilities with each having low, medium, critical severity. and write the fix, and Before/After scans from Nessus to show the change. examples: or you can choose on your own 1....
Study smarter with the SolutionInn App